Tesla Special Committee To Review Elon Musk's Compensation Package Amid $56B Pay Deal Appeal
The special committee will also explore other ways to reward Musk for his past contributions, in case his 2018 compensation deal isn't reinstated through a court appeal.
Google Launches 'AI Futures Fund' To Invest In Promising AI Startups
Through this fund, selected startups will receive direct investment from Google, early access to its AI models, and guidance from Google's team of researchers, engineers, and business experts. They will also get credits to use services on Google Cloud.
Trump Administration Fires Top Copyright Official After Removing Library of Congress Head
This move comes shortly after President Donald Trump removed Carla Hayden, the first woman and first African American to lead the Library of Congress, as part of an ongoing effort to remove government officials perceived as opposing his administration.
FEMA Acting Chief Ousted After Opposing Agency Dismantling Plan
DHS' Tricia McLaughlin confirmed that DHS Secretary Kristi Noem decided to remove Hamilton and appoint David Richardson as his replacement, effective immediately. However, she did not provide a reason for Hamilton's dismissal.
Trump Picks Casey Means As Surgeon General Nominee, Replaces Janette Nesheiwat
The U.S. Surgeon General, often called "the nation's doctor," is a physician responsible for guiding the public on health issues. This role includes releasing reports, advisories, and calls to action based on the latest scientific evidence.
Amazon To Invest $4 Billion To Triple US Rural Delivery Network By 2026
This move is part of Amazon's effort to make deliveries faster for customers living in small towns and countryside areas. The company hopes that quicker shipping will lead to more orders from people in these locations.
UPS To Cut 20,000 Jobs, Close 73 Facilities Amid Amazon Delivery Pullback And Cost Cuts
The company reported $21.5 billion in revenue for the most recent quarter and projects savings of $3.5 billion this year through its consolidation efforts.
Temu's US Shoppers Face Higher Import Costs Amid Trade War With China
The tariffs, implemented by the Trump administration, have immensely increased the cost of some items sold on Temu. In certain cases, prices have more than doubled after additional import duties are applied.
Over 100 Undocumented Immigrants Detained In Colorado Springs Nightclub Raid
DEA officials reported that more than 200 people were inside the underground nightclub before the arrests began shortly before 4:00 a.m. local time. Among them, at least 114 were in the U.S. illegally.
Gen Z Rejects Trump On Inflation, But Reports Better Finances Than Older Generations: Poll
About 30% of Americans under 30 say their financial situation has worsened in the past year, while 27% say it's improved. Though that improvement number may seem small, Gen Z members were more likely than older generations to report better finances in the last year.
House Republicans Eye $150 Billion Hike In Pentagon Funding
The House Armed Services Committee is set to review its part of the Republicans' large policy package next week, once lawmakers return from their break. At that time, different committees will start working on their sections of the wide-ranging domestic legislation.
Intel To Cut Over 21,000 Jobs As New CEO Reshapes Company Strategy: Report
The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024.
FTC Sues Uber Over 'Deceptive' Billing, Hard-To-Cancel Uber One Subscriptions
FTC Chairman Andrew Ferguson said in a statement that people are frustrated with being enrolled in unwanted subscriptions that are nearly impossible to cancel.
DHL To Suspend Global Shipments Over $800 To US Amid New Customs Rules
This decision comes after new U.S. customs rules lowered the threshold for formal entry processing from $2,500 to $800, making the clearance process longer and more complicated.
Federal Court Indicts Luigi Mangione In Fatal Shooting Of UnitedHealthcare CEO
Although federal prosecutors had revealed the charges against Mangione late last year, he had not been formally indicted until now. If convicted, the federal murder charge involving the use of a firearm could lead to a death sentence.
California Sues Trump Administration Over Sweeping Tariffs
California filed a lawsuit on Wednesday to block Trump's broad tariffs on foreign trade partners, after he announced a 10% tariff on goods from all countries and even higher tariffs for nations his administration claimed made it difficult for U.S. products to enter their markets.
Trump's DOGE Accused Of Cybersecurity Breach At Labor Board, Removing Sensitive Data
The expert, Daniel Berulis, claims that DOGE may also have removed sensitive data from the board without permission. His allegations were outlined in a sworn declaration submitted to members of Congress and a federal whistleblower office.
Trump Admin Seeks To Slash State Dept Budget By 48%, Layoffs Loom
An internal memo shows that the White House Office of Management and Budget proposed reducing the combined budget of the State Department and USAID to $28.4 billion — a $27 billion cut from the amount approved by Congress for 2025.
Trump Official Behind USAID Closure Leaves Post As Musk-Led Cuts Reshape Agency
The move came as Elon Musk's Department of Government Efficiency cut funding and laid off contractors across many federal agencies, claiming it was part of a plan to reduce wasteful spending.
Trump Admin Cancels $5.1B Pentagon IT Contracts With Accenture, Deloitte
According to a memo shared on Thursday, Hegseth described the spending on outside consultants as unnecessary. "These terminations represent $5.1 billion in wasteful spending ... and nearly $4 billion in estimated savings."
Cabot Creamery Recalls Butter In 7 States Over Bacterial Contamination Concerns
The recalled butter was distributed in seven states: Arkansas, Connecticut, Maine, New Hampshire, New York, Pennsylvania, and Vermont.
DOJ Probes Cal-Maine Foods Over Soaring Egg Prices
Egg prices have dropped recently from their all-time highs, but they're still 60% higher than they were a year ago, with wholesale prices at about $3 per dozen, according to the USDA.
Harvard Seeks $750M Amid Federal Funding Threat Over Anti-Semitism Protests
Harvard's borrowing plan follows a similar move by Princeton University, which announced on April 1 that it may issue about US$320 million in taxable bonds later this month. Princeton also revealed that the US government had frozen several research grants.
Meta Unveils Llama 4 AI Models With Multimodal Abilities
The company was also previewing the Llama 4 Behemoth, described as their most powerful model so far, intended to guide and improve the performance of the newer versions.
Deloitte To Cut US Consulting Jobs Amid Government Cost-Cutting Pressure
A spokesperson said that small job cuts would take place in the coming weeks, depending on shifts in government clients' needs. Deloitte also noted that employee departures had recently decreased, which made workforce reductions necessary.
Senate GOP's Budget Plan: $1.5T In Tax Cuts, $5T Debt Limit Hike—What You Need To Know
Republicans are using the accounting method called the "current policy baseline" to show that extending Trump's tax cuts would cost nothing. Democrats strongly oppose this, calling it "magic math" because it hides the true cost, which could be in the trillions.
Judge Delays Ruling On $500M USIP Asset Transfer To GSA Amid Legal Dispute
Judge Beryl Howell on Tuesday chose not to make a decision, but review briefings from both USIP and the Justice Department before considering whether to block the transfer.
Senator Cory Booker Delivers Marathon Speech Against Trump Administration Policies
A prominent member of the Senate Democratic leadership, Booker's extended address comes at a time when Democratic leaders in Washington are under mounting pressure from their supporters to take more assertive action against the Trump administration.
Trump Says TikTok Deal Expected Before April 5, Blackstone Joins Race
Trump set an April 5 deadline for TikTok, used by 170 million Americans, to secure a non-Chinese buyer or face a U.S. ban due to national security concerns under a 2024 law.
Canada Halts Tesla Rebates: Transport Minister Cites US Tariffs In Ban On Future EV Incentives
Canada has stopped C$43 million ($30.11 million) in rebate payments for Tesla. This move came after U.S. President Donald Trump introduced several new tariffs, with most of them set to take effect in early April.